XYZ Corporation manufactures a single product and employs a standard cost system for its cost management. The direct materials standard includes a price of $10 per pound and a standard quantity of 4 pounds per unit. In addition to direct materials, XYZ Corporation sets direct labor standards, which specify a standard rate of $16 per hour and a standard time of 2.5 hours to produce one unit of output. Moreover, XYZ Corporation uses a predetermined variable overhead rate (variable P.O.R) of \$6 per direct labor hour. Compute the Standard Cost for one unit of the finished product. Actual direct materials costs are $11,000. If the standard price for a pound of materials is $12 and the standard quantity is 5 pounds per unit, what is the flexible spending variance for direct materials for a production level of 200 units